US Politics & Business News
Sen. Bernie Sanders (I-Vt.) is calling for a permanent ban on artificial superintelligence after OpenAI CEO Sam Altman made alarming comments about the future of AI-driven cybersecurity threats. Altman warned on Politico’s “Decoded” podcast last week that society faces a “coming tidal wave of cybersecurity problems” stemming from open-source AI models entering widespread use. Sanders…
California Gov. Gavin Newsom has thrown his support behind a ballot measure that would effectively neutralize a separate proposal to tax the state’s billionaires. Newsom endorsed Proposition 42, which would prohibit retroactive taxes that Proposition 40, known as the Billionaire Tax Act, would otherwise impose on California billionaires. Proposition 40 would target any billionaire who…
In 2026, the commercial space sector continues attracting investor attention, with AST SpaceMobile (ASTS) and Firefly Aerospace (FLY) emerging as two of its most compelling — and volatile — plays. AST SpaceMobile trades at $51.46 with a market cap of $15 billion and a 52-week range of $47.57 to $133.86, reflecting significant price volatility over…
D-Wave Quantum (QBTS) reported second-quarter 2026 revenue of $3.1 million, a figure essentially unchanged from the same period a year earlier. That stagnation is striking given the company carries a $5.4 billion valuation, a price that clearly anticipates rapid and sustained growth ahead. Beneath the flat headline number, however, cloud subscriptions and professional services both…
Raytheon, a business unit of RTX (NYSE: RTX), has successfully completed three developmental tests of its new Coyote Block 2C+RM interceptor upgrades, marking a major milestone in counter-drone technology. The program advanced from concept to testing in just 15 months, reflecting an accelerated push to meet urgent U.S. military requirements against evolving drone threats on…
A family dispute over a valuable property has raised questions about inheritance, caregiving, and what one sibling truly deserves when another moves in. The situation centers on an elderly widowed mother, 78, who owns her home outright, with the property valued at $925,000. Beyond the real estate, the mother also holds $480,000 in investments, making…
AT&T (T) shares fell sharply after Oppenheimer downgraded the telecom giant, warning that SpaceX’s growing ambitions pose a lasting threat to its business. Oppenheimer analyst Timothy Horan cut his rating on AT&T to Perform from Outperform, also lowering his price target on the stock amid rising competitive concerns. Horan said the long-term outlook for AT&T’s…
Robert E. Hall and Michael Woodford have been awarded the Nobel memorial prize in economics for work that underpins models used by central banks and governments to smooth out periods of boom and bust. The U.S.-born pair were jointly recognized for their contribution to the “microeconomic foundations” needed to create macroeconomic stability, according to the…
Shannon O’Brien, chair of the Montana Democratic Party, resigned her position on October 12, 2026, and immediately endorsed independent Senate candidate Seth Bodnar. O’Brien made the announcement through a published op-ed, describing herself as “a lifelong Montana Democrat” who originally ran for party chair to unify Democrats. She wrote that the party is “more divided…
With one month until the midterm elections, President Trump is ramping up campaign activity in an effort to boost Republican voter turnout across the country. Trump’s October rally blitz includes stops in Oklahoma, Alabama, Ohio, Texas, and Nebraska, all states he won comfortably in 2024. The tour reflects the Republican Party’s strategy to replicate the…